The Dow Jones Industrial Average today is hovering at record levels thanks to a bullish earnings season…
Dow Jones futures are up 22 points this morning, and the Dow Jones today is within striking distance of a record 22,900 points.
The Dow Jones Industrial Average today is hovering at record levels thanks to a bullish earnings season…
Dow Jones futures are up 22 points this morning, and the Dow Jones today is within striking distance of a record 22,900 points.
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World stock markets were mostly firmer overnight. Many world stock indexes are at or near record or multi-year highs. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.
Gold prices are modestly up and poked to a three-week high overnight. The yellow metal bulls have the near-term technical advantage, which means the path of least resistance for prices will be sideways to higher in the near term.
This is big, and I'll show you why in a minute…
University of Chicago heavyweight thinker Professor Richard H. Thaler just won the Nobel Prize for Economics.
I read all the stories about Thaler's win with real interest.
You see, I'm a big Thaler fan for one very good reason: When it comes to the economy and the stock market – and the role investor emotion plays – nobody "gets it" like Thaler.
And right now, Thaler says he's "nervous" about stocks.
"We seem to be living in the riskiest moment of our lives, and yet the stock market seems to be napping," Thaler told Bloomberg Markets. "I admit to not understanding it."
Take it from me: This is a guy you need to listen to. I have – for years.
In fact, in our 1998 book, "Contrarian Investing: How to Buy and Sell When Others Won't and Make Money Doing It," my money manager co-author Anthony M. Gallea and I cited Thaler's work as a foundation for our out-of-favor stocks strategy.
And after years of having his research and theories on behavioral finance ballyhooed by the "smart money," Thaler's views are now taken as investing gospel.
However, elevating Thaler's cautionary comments to fire-drill status – and cashing out of stocks completely – may not be the answer, either.
After all, members of the gloom-and-doom crowd have been predicting disaster for several years now – and have lost out on trillions in wealth as U.S. stocks have set one record after another.
Don't panic.
Indeed, take heart – there's a middle ground. And it's a good, profitable place to be.
Unlike most "compromise" stances, our "middle-ground strategy" is a powerful one: We'll keep grabbing the gains as long as the bull market rages. And when the inevitable decline comes, we'll cash in while the rest of the crowd panics.
So today, I want to show you more about this strategy we use constantly, pioneered by Professor – and now Nobel Laureate – Thaler.
by Lee Adler
The financial media are trying to turn the search for a new potential Fed chair into a horse race of some kind.
We'd tell you who we think will win, but the truth is, it doesn't matter.
For investors, the most important thing has already happened...
by Alex McGuire
The top space stocks to watch in 2018 include some of the biggest U.S. tech and defense firms.
These companies have a foot in the space industry and stand to benefit from its 214% growth through 2040.
But we only recommend that you invest in one of these companies - here's our pick...
The top dividend stocks for retirees to buy now are the ones that offer passive, extra income.
That's why, today, we're going to show you our five favorite picks.
Here are our picks, one of which boasts a whopping 17.4% yield...
by Stephen Mack
Our latest round of best stocks to buy now includes several picks that combine a lengthy track record with new opportunities for growth.
They include one of agriculture's most recognizable brands and a mom-and-pop hat shop that has grown into an apparel giant.
Don't miss these opportunities to profit for generations to come.
Digital currency prices today were surging as investors pour into Bitcoin, Ethereum, and Litecoin.
Bitcoin is now nearing $6,000 per coin.
Here's the most important news about the cryptocurrency market today...
by Stephen Mack
Bank stocks have had a great run over the last month, gaining more than 11% in that time.
That raises the question: "How much better can they do?"
Money Morning Options Trading Specialist Tom Gentile joined CNBC World to give us the answer.
by Jack Delaney
Will Uber accept Bitcoin payments?
New CEO Dara Khosrowshahi is an early adopter of cryptocurrencies, as he accepted Bitcoin as the CEO of Expedia.